Convertible

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Convertible

A financial instrument that can be exchanged for another security or equity interest at a pre-agreed time and exchange ratio.

Convertible

A bond or preferred stock that may be exchanged for common stock in the company issuing the convertible at a certain ratio and/or a certain price. A convertible security gives the holder a great deal of flexibility. It reduces risk by guaranteeing a coupon payment or dividend while also allowing the holder to take advantage of a potential, larger return through the ability to convert the security. See also: Convertible option.

convertible

Convertible

A bond or preferred stock that may, under specified conditions, be exchanged for common stock or another security, usually of the same corporation.
References in periodicals archive ?
The Avion Convertible Laptop Bag is the brainchild of Penelope Manasco, founder of Penelope, a Wake Forest, N.
Accompanying the array of business services, the OfficeMax Business Solutions Center will provide curated product assortments, ranging from necessities such as paper, pens, ink and toner, to must-have technology products such as convertible laptops, smart phones and business-quality printers and shredders.
The Gadget Show Five, 8pm Suffering for her art again, Pollyanna Woodward (above) has jetted off to California to test a submersible and a water-propelled stunt bike, while Jon Bentley gives us a demo of convertible laptops for the new Windows 8 operating system.
Convertible laptops like this are nothing new, with the (http://www.
My money is on all the three categories -- smartphones, TVs and convertible laptops -- and will do well equally," said Mahesh Chotrani, assistant vice-president at Jacky's Electronics.
The tablet features a cylindrical handle that allows users to use the tablet in several different modes - a concept Lenovo borrowed from its line of Yoga convertible laptops, the report said.
We saw convertible laptops, we saw tablets with keyboard docks, we even saw laptops with two screens.
The store features must-have technology products for small business, including convertible laptops, smart phones and accessories, and business-quality printers and shredders.
Already many vendors have launched convertible laptops which can be used as a laptop as well as a tablet.